Reported about 12 hours ago
Rivian Automotive's stock is currently undervalued compared to its electric vehicle competitors like Tesla and Lucid Group, primarily due to its sluggish growth rates. As the company prepares to launch its first affordable electric vehicle by early 2026, analysts predict significant sales increases in the following years. Rivian's ability to enter the affordable market could reshape its future, paving the way for substantial growth despite its current challenges in the autonomous robotaxi sector.
Source: YAHOO